NEW HOPE ACADEMY CHARTER SCHOOL (EIN 272014140) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ORLANDO FINDLAYTER

Phone

7183378303

Tax Period

2017-07-01 to 2018-06-30

NEW HOPE ACADEMY CHARTER SCHOOL, founded in 2010, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2017. Revenue decreased 10% compared to the prior year.

Mission

TO PROVIDE A SAFE, STRUCTURED AND QUALITY LEARNING COMMUNITY WHERE STUDENTS' CREATIVITY AND POTENTIAL FLOURISH. THE ACADEMY EMPLOYS A COMMITTED AND WELL-EQUIPPED STAFF WHOSE EXCELLENCE IN TEACHING AND HIGH ACADEMIC AND BEHAVIORAL EXPECTATIONS PROMOTE THE EXCELLENCE THE COMMUNITY'S CHILDREN CAN ACHIEVE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $287,010

Program Service Revenue $4,990,273

Investment Income $8,344

Other Revenue $25,075

TOTAL REVENUE $5,310,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,165,278

Fundraising Expenses $0

Program Expenses $4,068,326

Other Expenses $2,208,386

TOTAL EXPENSES $5,373,664

Year-over-Year Comparison

	2017	2016	Change
Revenue	$5,310,702	$5,875,240	-0.1%
Expenses	$5,373,664	$5,848,532	-0.1%
Net Income	$-62,962	$26,708	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$157,635

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORLANDO FINDLAYTER	CHAIR	10.00	Officer Director	$0	$0	$0
RAYMOND THOMAS	TREASURER / SECRETARY	10.00	Officer Director	$0	$0	$0
TERRENCE BRUMMELL	BOARD MEMBER	3.00	Director	$0	$0	$0
SHERLYN RICHARDSON	BOARD MEMBER	3.00	Director	$0	$0	$0
NICOLE LANGLAISE	BOARD MEMBER	3.00	Director	$0	$0	$0
ALISHA GOODRIDGE	BOARD MEMBER	3.00	Director	$0	$0	$0
CHARMAINE SANCHEZ	BOARD MEMBER	3.00	Director	$0	$0	$0
ROSE GRAHAM	BOARD MEMBER	3.00	Director	$0	$0	$0
ZINA CUDJOE	BOARD MEMBER	3.00	Director	$0	$0	$0
IVET LAYNE	BOARD MEMBER	3.00	Director	$0	$0	$0
TASHEENA JOHNSON	PRINCIPAL (THRU 8/2017) )	40.00	Officer	$95,282	$10,049	$105,331
TEMICA FRANCIS	PRINCIPAL (AS OF 8/2017)	40.00	Officer	$47,293	$5,011	$52,304

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$5,310,702	$5,373,664	$757,365	$-62,962

NEW HOPE ACADEMY CHARTER SCHOOL